๐จ $TRUMP Coin: Trend Reversal or Dead Cat Bounce? ๐ฅ
After hitting an all-time high (ATH) of $75.35 in January, Trump Coin ($TRUMP) has seen a major correction, now trading at $13.34 (+2.85%). But with fresh inflows and increasing volume, is a bullish reversal on the horizon? Letโs dive in! ๐
๐น Market Overview:
๐ Price: $13.34 (+2.85%)
๐ฐ Market Cap: $2.68B
๐ฅ Fully Diluted Valuation: $13.38B
๐ 24H Volume: $1.01B (37.76% of market cap)
๐ ATH: $75.35 (Jan 19, 2025)
๐ ATL: $6.24 (Jan 18, 2025)
๐น Money Flow Analysis (1D):
๐ข Buy Orders: 20.27M TRUMP
๐ด Sell Orders: 17.77M TRUMP
๐ Net Inflow: 2.50M TRUMP โ Buy pressure increasing!
๐น Technical Analysis:
โ Support Levels: $12.00 - $12.50
โ Resistance Levels: $14.50 - $16.50 (MA25)
๐ MACD Crossover Approaching: Potential trend reversal
๐ RSI Neutral (~45): Not overbought, room to grow
๐น Bullish Signs:
โ๏ธ 24H Money Inflow Surge (Peaked at 1.73M TRUMP)
โ๏ธ Increasing Trading Volume โ Market interest rising
โ๏ธ Buy Orders Outweigh Sells โ Accumulation phase?
๐น Bearish Concerns:
โ ๏ธ Still in a Downtrend: Needs to reclaim $16.50+ to confirm bullish momentum
โ ๏ธ Market Dominance Only 0.094% โ Still a small player
โ ๏ธ Short-term Resistance at $14.50-$16.50
๐ The Big Question: Is TRUMP Ready for a Breakout?
With strong inflows and fresh buying pressure, $TRUMP could retest $16.50 soon. But can it break the downtrend and reclaim $20+? Whatโs your take? Comment below! ๐๐ฅ